Bitcoin Miner Bitfury Group Partners ‘Big 4’ Firm EY to Provide Blockchain Services
Ernst & Young (EY), one of the “big four” services firms in the world has entered an agreement with The Bitfury Group, best known for its stature as a major bitcoin mining firm. A report from CNBC reveals the agreement will see The Bitfury Group provide blockchain software services to EY and its client network. The agreement comes soon after Bitfury made a splash at a recent EY Startup Challenge competition. Proposing a blockchain solution for digital rights management, The Bitfury Group won the accolade for the “Best Pitch” in the competition, where the bitcoin-centric firm sought to....
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Leading bitcoin mining hardware manufacturer BitFury announced on Friday that they have raised a whopping $20 million in financing, making it one of the largest investments in the bitcoin sector. Investors that participated in the funding round include Binary Financial, Crypto Currency Partners, Georgian Co-Investment Fund (GCF), Queensbridge Venture Partners and ZAD Investment Company. Angel investors are said to have also joined in on the funding round, along with BitFury's seed investors. "The success of this funding round validates our strategy and brings us closer to our aspiration of....
Credit China Fintech Holdings Ltd., a Hong Kong-based industry investment firm has entered a $30 million agreement with bitcoin- and blockchain-industry giant BitFury. The deal will see an investment in Bitfury shares and a new joint-venture effort focusing on the Chinese market. An announcement [PDF] by BitFury reveals that Credit China Fintech will aid the industry firm to maximize “the adoption of the Bitcoin Blockchain and private Blockchains” into Credit China’s various FinTech investments and platforms. A report by CNBC points to further details about the joint venture to be a....
The Yiazo YBF-M Bitfury Mining Mainboard Using the YBF14S-H Bitfury Miner Board. The mining industry is rapidly developing, and new manufacturers are working hard to bring their miners to market. One of the newest manufacturers is Yiazo. They have developed a new Blade Setup and controller board using Bitfury Rev 2 ASIC Miner chips. They are offered at a solid price point, and I was able to afford to buy a kit to review. The shipping gods graced me yet again with another non-beaten-up package and fast delivery all the way from the Netherlands. The specs are nice, and it is the controller....
Bitcoin's biggest miner, BitFury, says it is launching the world's largest two-phase immersion cooling project. As part of its new $100m data centre in the Republic of Georgia, the firm will cool more than 40MW of processing power in 3M's engineered 'Novec' fluid. Masterminded by Allied Control, the immersion cooling startup BitFury acquired in January, the project will help the miner reduce energy costs as it continues its rapid expansion. BitFury CEO Valery Vavilov said in a statement: "We've taken many steps to optimize our infrastructure for securing the blockchain and blockchain....
Leading bitcoin mining hardware manufacturer BitFury has declared their interest in the investment game, with the announcement of a little something they're calling 'BitFury Capital'. As the name would suggest, the branch-off will serve as a seed investment fund. According to the company, "The fund will leverage BitFury's leading position in bitcoin and cryptocurrency infrastructure to accelerate other parts of the ecosystem through strategic partnerships, and expansion into adjacent business opportunities." This particular fund will be a subsidiary of BitFury Group, and it will reported....